Breakingviews

UPS love letter validates TNT’s earlier break-up

February 20, 2012

Long-term suitor UPS made a $6.4 bln proposal to the Dutch courier just before Valentine’s day. For now TNT is being rightly coy. And FedEx may yet disrupt the courtship. But clearly TNT’s break from dowdy domestic mail unit PostNL is achieving the desired effect.

Cadbury gives sweet update, shares unmoved

October 21, 2009

Todd Stitzer and his colleagues at Cadbury must surely have hoped for more. Wednesday’s eagerly-awaited trading update chewed up the outside forecasts and showed there is nothing Flake-y about this business. Growth in sales in the last quarter was 7 percent, against the previous guidance of 4-6 percent. Margins are improving and the future’s coming up Roses.